There are no grandchildren involved, thank God.
These were taken out over a period of years after she married. I don't know the technical details on variable or fixed, etc. Interest now seems to be horrible %25.
Don't know about MOHELA. Total private loans through Discover now total $74,000. The amount keeps going up so I am not sure what the original amount was.
Don't know many details about the home purchase except it was over $200,000. We are sure the 20K went for the downpayment.
I believe it is a 2017 Jeep and the last payments were $500 a month. They were not paying for a year yet did not tell us.
They have no health insurance. Ours is a red state. They are in the "sweet spot" where their door dashing earns them too much for Medicaid and the gov exchange is too much to afford. They have applied at DHS but have not heard definitively one way or the other.
Discover is the credit card company, I think. They suck.
We have no reason to think they have been dishonest with us. He got a very good job and worked there for over two years. Another company bought the business and he was laid off. He was working on post graduate degree when the hammer fell. They are young and don't seem to realize the consequences of there actions, etc. Not that unusual. We have just been caught in a terrible trap because we love them and wanted to help. If he had not be terminated as he was this would not be an issue. He was not paying while in school. Whether the amount kept going up or not I don't know. He was in a program for awhile where the payments were less than $700 a month. That program has ended even though they are homeless and Discover will not extend it. If we pay for 6 months he can not pay for 6 months but I am convinced the amount will continue going up.
Thanks for your response. I am sorry I cannot offer more info.
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